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 Hong Kong Exchange & HK Stocks, Per title post-Extradition Bill W/drawal

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AVFAN
post Sep 3 2020, 07:15 PM

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QUOTE(Hansel @ Sep 3 2020, 06:55 PM)
Ohh yeah, right,... I read abt this sometime back,... forgot abt it,.... biggrin.gif  so, the new shares are issued today ?

Riverstone too doing the same too, right ? I recalled it was 1-for-2. But EGM date has yet to be set,....
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today was ex-date for TG 3 for 1.

tmr is ex-date for supermax 2 for 1.

yes, riverstone coming 2 for 1... no date yet.
TSHansel
post Sep 4 2020, 03:27 PM

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QUOTE(AVFAN @ Sep 3 2020, 07:15 PM)
today was ex-date for TG 3 for 1.

tmr is ex-date for supermax 2 for 1.

yes, riverstone coming 2 for 1... no date yet.
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Tq again, bro,...

US Tech crashed last night,... and still on downtrend now ! rclxm9.gif

The boat is coming back !
AVFAN
post Sep 4 2020, 03:44 PM

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QUOTE(Hansel @ Sep 4 2020, 03:27 PM)
Tq again, bro,...

US Tech crashed last night,... and still on downtrend now !  rclxm9.gif

The boat is coming back !
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nasdaq crash last night erased just previous 3-4 days of gains.

will take 5 more crashes like that to get to "good" prices. biggrin.gif
AVFAN
post Sep 6 2020, 08:47 PM

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QUOTE
“The use of devices, cloud and internet services was bound to skyrocket while the rest of the economy took a nose dive (airlines, energy, shopping malls, offices, hospitality, etc.),” he said. “This has created enormous inequality not just in the performance of economic segments, but in society more broadly. On one side, tech fortunes reached all-time highs, while lower income, blue collar workers and those that cannot work remotely suffered the most.”
https://www.cnbc.com/2020/09/04/worries-gro...he-wealthy.html

AVFAN
post Oct 6 2020, 01:50 PM

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any news on ANT GROUP debut date?

QUOTE
Asked which they find more attractive between U.S. technology stocks or Chinese tech names, a clear majority — 18 of the 30 Asia-based analysts — cited Chinese companies as their preferred choice.

“Asian tech is cheaper than the U.S., less risk of tradable options, and less regulatory risk,” said one, who explained that speculative options trading linked to U.S. tech names makes them more volatile than their Asian counterparts.

Another strategist said that “a Biden win could subject U.S. technology to greater regulation.”

The IPO markets in Hong Kong, mainland China and South Korea have drawn much investor interest in 2020, and “that interest is only set to grow,” said another respondent.

The scheduled initial public offering of Chinese financial technology company Ant Group “will spur upward revaluations in tech” in Asia, said another analyst. Alibaba affiliate Ant Group, which is still controlled by Alibaba founder Jack Ma, operates the wildly popular Alipay mobile payment app in China.
https://www.cnbc.com/2020/10/06/us-presiden...nvestments.html

Krv23490
post Oct 6 2020, 02:02 PM

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QUOTE(AVFAN @ Oct 6 2020, 01:50 PM)
any news on ANT GROUP debut date?
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can't seem to find any new news about it, i think we will hear more after the golden week is over. now all holiday
MBCH
post Oct 8 2020, 12:27 PM

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QUOTE(AVFAN @ Oct 6 2020, 01:50 PM)
any news on ANT GROUP debut date?
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Lot of noise around ANT, i prefer take the long move with 9988 targeting +293 but first waiting for a small correction as buyers are out of breath
ps: just my opinion icon_rolleyes.gif
yehlai
post Oct 8 2020, 01:34 PM

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For ANT IPO, got min purchase?
If starting from 100k MYR have chance?
TSHansel
post Oct 9 2020, 04:17 PM

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Bros,... the latest news on ANT is that they are now waiting for a date to do the hearing for the listing exercise in the HKeX. The one with the Chinese regulators have been completed. I can't find the article anymore,.. I have deleted it after I read it this morning.

The debut is still targetted to be at end-October.
TSHansel
post Oct 9 2020, 04:18 PM

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Oh yeah,... one more, Singapore's GIC/Temasek is targetting to sink-in SGD1B into this IPO. And the China Fund for Social Security has taken a big stake too.

fyi,...
C-Note
post Oct 11 2020, 03:56 PM

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any opinion on 3033.hk etf that tracks the Hang Seng Tech Index?
AVFAN
post Oct 11 2020, 11:13 PM

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QUOTE(C-Note @ Oct 11 2020, 03:56 PM)
any opinion on 3033.hk etf that tracks the Hang Seng Tech Index?
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i bought some on debut day, hkd7.70.

last closing 7.52.

been quite volatile, partly due to US tiktok ban issue, maybe wechat/tencent too.. tencent is in HSTECH etf.

but i have confidence longer term.


TSHansel
post Oct 12 2020, 12:28 AM

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QUOTE(C-Note @ Oct 11 2020, 03:56 PM)
any opinion on 3033.hk etf that tracks the Hang Seng Tech Index?
*
QUOTE(AVFAN @ Oct 11 2020, 11:13 PM)
i bought some on debut day, hkd7.70.

last closing 7.52.

been quite volatile, partly due to US tiktok ban issue, maybe wechat/tencent too.. tencent is in HSTECH etf.

but i have confidence longer term.
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Out of the 4 available Tech ETFs listed in the HKeX, the one with the lowest fee is IShares HSTech, ticker symbol : 3067. Last close was HKD 15.74.

When or... more like IF Ant Financials can truly perform like everybody expected, upon Ant being included into these ETFs 6 months after listing, the ETFs will rise. Ant will pull everybody up,... thing is now, will Ant perform to expectations.... many funds are readying themselves to subscribe to the IPO upon approval by the HKeX. The SSE has already given its blessings,....

If The US Gov't keeps 'going after' Ant,....... will there be long term risks ? This is a question we must ask ourselves, apart from reading everywhere that Ant very much depends on China and not so much on US transactions. How abt if one day,... the HKD is 'totally unlocked' from the USD hedge ?

Our investments in the HKD will suffer then,....
C-Note
post Oct 12 2020, 06:09 AM

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QUOTE(AVFAN @ Oct 11 2020, 11:13 PM)
i bought some on debut day, hkd7.70.

last closing 7.52.

been quite volatile, partly due to US tiktok ban issue, maybe wechat/tencent too.. tencent is in HSTECH etf.

but i have confidence longer term.
*
would it be safer to just invest in 2801.hk? it consists of most tech companies anyway.
Top 10 holdings and weightage% as follows:
ALIBABA GROUP HOLDING ADR REPRESEN 20.44
TENCENT HOLDINGS LTD 14.33
MEITUAN DIANPING 4.45
JD.COM ADR REPRESENTING INC 2.42
CHINA CONSTRUCTION BANK CORP H 2.26
PING AN INSURANCE (GROUP) CO OF CH 2.23
CHINA MOBILE LTD 1.44
NETEASE ADR INC 1.33
BAIDU ADR REPTG INC CLASS A 1.25
INDUSTRIAL AND COMMERCIAL BANK OF 1.14

C-Note
post Oct 12 2020, 06:21 AM

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QUOTE(Hansel @ Oct 12 2020, 12:28 AM)
Out of the 4 available Tech ETFs listed in the HKeX, the one with the lowest fee is IShares HSTech, ticker symbol : 3067. Last close was HKD 15.74.

When or... more like IF Ant Financials can truly perform like everybody expected, upon Ant being included into these ETFs 6 months after listing, the ETFs will rise. Ant will pull everybody up,... thing is now, will Ant perform to expectations.... many funds are readying themselves to subscribe to the IPO upon approval by the HKeX. The SSE has already given its blessings,....

If The US Gov't keeps 'going after' Ant,....... will there be long term risks ? This is a question we must ask ourselves, apart from reading everywhere that Ant very much depends on China and not so much on US transactions. How abt if one day,... the HKD is 'totally unlocked' from the USD hedge ?

Our investments in the HKD will suffer then,....
*
3067 consists of derivatives and other instruments, no? Rather than actually holding underlying assets in the index, is it considered less safe compared to 3033?

I doubt the peg will be lost. HK doesn't need US approval to peg its currency to the USD, unless US takes the nuclear option of banning HKMA from trading USD, like its sanctions against Iran. But HK is no Iran..
AVFAN
post Oct 12 2020, 09:08 AM

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QUOTE(C-Note @ Oct 12 2020, 06:09 AM)
would it be safer to just invest in 2801.hk? it consists of most tech companies anyway.
Top 10 holdings and weightage% as follows:
ALIBABA GROUP HOLDING ADR REPRESEN 20.44
TENCENT HOLDINGS LTD 14.33
MEITUAN DIANPING 4.45
JD.COM ADR REPRESENTING INC 2.42
CHINA CONSTRUCTION BANK CORP H 2.26
PING AN INSURANCE (GROUP) CO OF CH 2.23
CHINA MOBILE LTD 1.44
NETEASE ADR INC 1.33
BAIDU ADR REPTG INC CLASS A 1.25
INDUSTRIAL AND COMMERCIAL BANK OF 1.14
*
if u want a broader mix, perhaps.

i prefer more tech with hstech etf.

user posted image
MBCH
post Oct 12 2020, 10:05 AM

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QUOTE(Hansel @ Oct 9 2020, 04:17 PM)
Bros,... the latest news on ANT is that they are now waiting for a date to do the hearing for the listing exercise in the HKeX. The one with the Chinese regulators have been completed. I can't find the article anymore,.. I have deleted it after I read it this morning.

The debut is still targetted to be at end-October.
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Yes Correct

http://www.aastocks.com/en/stocks/analysis...NOW.1047903/all
TSHansel
post Oct 12 2020, 02:18 PM

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QUOTE(C-Note @ Oct 12 2020, 06:21 AM)
3067 consists of derivatives and other instruments, no? Rather than actually holding underlying assets in the index, is it considered less safe compared to 3033?

I doubt the peg will be lost. HK doesn't need US approval to peg its currency to the USD, unless US takes the nuclear option of banning HKMA from trading USD, like its sanctions against Iran. But HK is no Iran..
*
Derivatives will add another layer of risk to the 3067, but there is no denying that the results from having derivatives can swing either positive or negative in today's world. One things's for sure - when fees are lower, chances for higher returns would be guaranteed from this quality. Fees always eat in to returns.

The US govt does not need to totally ban the HKMA from having access to the USDs - they can always LIMIT this access. Limiting access will have devastating impacts too to HK as a financial hub. and finally,... the latest news from the White House :-

http://www.aastocks.com/en/stocks/analysis...NOW.1048112/all

With all sorts of ways that the US is taking to 'block' Ant and HK's progress as a whole,... I'm just thinking and tapping opinions with you guys to see if investing into HK is still a viable option anymore moving fwd.
TSHansel
post Oct 12 2020, 02:23 PM

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QUOTE(MBCH @ Oct 12 2020, 10:05 AM)
Yeah bro,... I'm wondering if the HKeX's delay have anything to do with this article : http://www.aastocks.com/en/stocks/analysis....1048112/all....

Just wondering,... perhaps the HKeX thinks it's better to distance itself from an entity that is being targetted by the US,... in spite of the amt of benefit that this entity may bring to the HKeX after listing.
MBCH
post Oct 12 2020, 03:10 PM

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But the US can do anything, because ANT operate in China and in some other emergent markets/countries so imo no impact

I´m European and think that Chinese companies will rise a lot especially if Biden win the elections

As i said in the previous post, i will take the advantage of ANT IPO to buy more BABA9988 (Long Term INV)

For trading i think there is a good opportunity with SLD GROUP 2262 for 7% from 0.93 (its only my analysis)

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